In Brief: WSiP share price set; Jelfa appeals to Belka; Impexmetal
Potential investors can submit their declarations today and tomorrow. The Treasury Ministry will float 85% of the shares, with 15% going to the company's employees. (Puls Biznesu p. 11) ... Pharmaceutical producer Jelfa employees want the company to pursue its present policies. In order to do so they sent an open letter to Prime Minister Belka demanding that the public offer of the company's 30% stake should be carried in such a way that the management board remains Polish and this could guarantee continuation of the present policies. (Puls Biznesu p. 10) ... Two companies are interested in the purchase of 31.5% stake in Impexmetal from the Ministry Treasury: Sochaczew-based Boryszew and the Backroft Fund. "Impexmetal is a good company... and its immense potential has not been fully taken advantage of yet," said the president of Boryszew Roman Karkosik. (Parkiet p. 1)M.G.